Knoll, Inc. will consolidate its manufacturing footprint in North America, resulting in the closure of the company’s Grand Rapids, Michigan manufacturing facility. The closure is part of an initiative to optimize the company’s North American manufacturing operations. Approximately 180 hourly and 30 salaried positions ...
Feldmuehle GmbH has successfully completed the self-administration insolvency proceedings that began at the end of 2018. After the unanimous approval of all creditors on December 16, 2019 to the insolvency plan submitted by the management, the competent court in Pinneberg suspended the insolvency proceedings on January...
Katerra will close its Phoenix manufacturing facility in Arizona at the end of the year. Opened in 2017, Katerra’s 250,000 square-foot Phoenix factory was its first building components manufacturing facility.
Valmet will proceed with plans for a phased closure of foundry, machine shop and assembly operations at its production center in Hudson Falls, New York, USA. The first phased closure will begin in March 2020 and continue until final customer orders are fulfilled in summer 2020.
Moelven plans to close Moelven Eidsvold Værk AS operations in Norway. This will take place in the 1Q 2020, and affects 60 employees.
Following a thorough examination of all contributing factors including log costs, market conditions, and cumulative policy burden, Tolko will permanently close its Kelowna division on January 8, 2020.
Homag Group’s Supervisory Board approved shutting down production at its Hemmoor site, Germany, effective December 31, 2020. Homag has a workforce of around 200 employees at Hemmoor, around 150 jobs are to be reduced there.
Norbord Inc. announced that effective mid -November, it will indefinitely curtail production on Line 1 of its two-line oriented strand board (OSB) mill in Cordele, Georgia. Approximately 45 employees will be impacted by this curtailment.
Fortress Global Enterprises Inc. ("Fortress") will be taking market downtime at the Fortress Specialty Cellulose Mill (the "FSC Mill") in Thurso, Québec, Canada. The company will take market downtime at the FSC Mill commencing October 8th, 2019 for an unspecified interim period.
Stora Enso will consolidate its spruce timber production at its mill in Varkaus, Finland. The target is to improve long-term competitiveness, the consolidation is part of the company’s profit protection programme. As a result of this consolidation, the Kitee sawmill will be shut down.
Tolko Industries announced that, due to continued high log costs and poor North American market conditions, it will curtail its Kelowna operations in Canada for an indeterminate period.